Results 291 to 300 of about 2,985,454 (343)

Weighted Median Inflation: Is This Core Inflation?

Journal of Money, Credit, and Banking, 2001
This paper investigates core inflation defined as the best predictor of inflation. I compare forecasts obtained using the mean, weighted median, trimmed mean, and less food and energy inflation rates for the consumer price index and the personal consumption expenditure deflator for the current U.S. monetary policy regime.
openaire   +1 more source

A Measure of Core Wage Inflation

SSRN Electronic Journal, 2023
We recover the persistent ("core") component of nominal wage growth over the past twenty-five years in the United States. Our approach combines worker-level data with time-series smoothing methods and can disentangle the common persistence of wage inflation from the persistence specific to some subgroup of workers, such as workers in a specific ...
Almuzara, Martin, Audoly, Richard, Melcangi, Davide   +2 more
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Residual Seasonality in Core Consumer Price Inflation: An Update

FEDS Notes, 2019
In this Note, we take another look at residual seasonality in several measures of core inflation.
E. Peneva, Nadia Sadee
semanticscholar   +1 more source

What is Keeping U.S. Core Inflation Low: Insights from a Bottom-Up Approach

Social Science Research Network, 2016
Over the past two decades, U.S. core PCE goods and services inflation have evolved differently. Against the backdrop of global concerns of low inflation, we use this trend as motivation to develop a bottom-up model of U.S. inflation.
Yasser Abdih, R. Balakrishnan, Baoping Shang   +2 more
semanticscholar   +1 more source

Evaluating Core Inflation [PDF]

, 2001
This paper proposes testable conditions that core inflation measures should satisfy. Trend inflation indicators calculated by Banco de Portugal are tested against this background. The major conclusion is that the so-called "underlying inflation", the "10% trimmed mean", and the "25% trimmed mean" do not meet the proposed conditions.
C.R. Marques, P.D. Neves, L.M. Sarmento
openaire  

Core inflation in the Euro area

Applied Economics Letters, 2001
Using a common trends model, a forward-looking ‘core’ inflation measure is estimated for the Euro area based on long-run relations among major macroeconomic variables, bearing the interpretation of long-run inflation forecast. The proposed measure may be particularly suitable for the ‘two-pillar’ monetary policy strategy of the ECB which focuses on ...
Bagliano F. C., Golinelli R., Morana C.
openaire   +3 more sources

Geopolitical oil price uncertainty transmission into core inflation: Evidence from two of the biggest global players

Energy Economics, 2023
Chien‐Chiang Lee, Godwin O. Olasehinde-Williams, Oktay Özkan   +2 more
semanticscholar   +1 more source

Core inflation for India

Journal of Asian Economics, 2007
Abstract In this study, a variety of core inflation measures are constructed using exclusion method, limited influence method, and a common trends model. We examine certain desirable properties of estimated core inflation and present evidence against the use of those measures obtained from exclusion and limited influence methods as an indicator of ...
S. Raja Sethu Durai, M. Ramachandran
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Measuring China's core inflation for forecasting purposes: taking persistence as weight

Empirical Economics, 2021
Zhiyong Fan, Yushan Hu, Penglong Zhang
semanticscholar   +1 more source

Stress-testing Inflation Exposure: Systemically Significant Prices and Asymmetric Shock Propagation in the EU

Structural Change and Economic Dynamics
Building on the seminal paper of Weber et al. (2022), we provide a stress-test framework of inflation exposure and apply it to the EU28. This adds a yet unrecognised dimension to the latest calls for supply chain stress-tests.
Leonhard Ipsen, Armin Aminian, Jan Schulz   +2 more
semanticscholar   +1 more source